Salary & Cost of Living in Blacksburg, VA
Blacksburg, VA: $63,340 median salary, cost of living index 103.6, $12.00/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$63,340
$30/hr
Cost of Living
103.6
US avg = 100
Minimum Wage
$12.00
per hour
Unemployment
3.2%
rate
Blacksburg, VA Overview
Population
44,853
Median Salary
$63,340
Average Salary
$70,941
Avg Commute
18 min
Median Home Price
$338,000
Median Rent
$1,374/mo
Job Growth
+0.6%
Sales Tax
5.3%
Blacksburg is located in Virginia with a population of 44,853. The median household salary is $63,340 per year ($30/hour), which is $3,956 above the national median of $59,384. The average commute time is 18 minutes, and the city has a job growth rate of +0.6%.
Blacksburg Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Blacksburg, VA, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$49,290
$4,107.51/month · $1,895.77/biweekly · Effective Rate: 22.2%
Gross Pay
$63,340
Federal Tax
-$5,562
State Tax
-$3,642
Local Tax
$0
FICA
-$4,846
Net Pay
$49,290
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $5,278.33 | $63,340.00 |
| Federal Income Tax | -$463.53 | -$5,562.30 |
| Virginia State Tax (5.75%) | -$303.50 | -$3,642.05 |
| Social Security (6.2%) | -$327.26 | -$3,927.08 |
| Medicare (1.45%) | -$76.54 | -$918.43 |
| Net Take-Home Pay | $4,107.51 | $49,290.14 |
Salary Comparison: Blacksburg vs Other Cities
See how Blacksburg's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Blacksburg, VA | $63,340 | 103.6 | $61,139 |
| National Average | $59,384 | 100 | $59,384 |
| North Tonawanda, NY | $63,308 | 131.8 | $48,033 |
| San Clemente, CA | $63,299 | 149.7 | $42,284 |
| Needham, MA | $63,395 | 131.7 | $48,136 |
| Apple Valley, MN | $63,278 | 97.7 | $64,768 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Blacksburg
Blacksburg's cost of living index is 103.6 (national average = 100). Living in Blacksburg is 3.5999999999999943% more expensive than the national average.
Median Home Price
$338,000
Median Monthly Rent
$1,374
Annual Rent Cost
$16,488
Your Salary's Purchasing Power
Your $49,290 annual take-home pay in Blacksburg has the purchasing power of approximately $47,577 in an average-cost US area. You would need to earn $65,620 in Blacksburg to match a $63,340 salary in an average-cost city.
Top Industries in Blacksburg
Blacksburg's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $63,340.
Salary Tips for Blacksburg Workers
- Maximize pre-tax deductions. With a 5.75% state income tax rate, maximizing 401(k) contributions (up to $23,500 in 2026) and HSA contributions can significantly reduce both your federal and state tax burden.
- Research top industries. Blacksburg's top industries include Military, Technology, Government. Targeting roles in these sectors can help you earn above the $63,340 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Explore Salaries Across the US
Compare salary data and cost of living for hundreds of US cities. Find out where your paycheck goes the furthest.
Related Salary Tools
Frequently Asked Questions
What is the median salary in Blacksburg, VA?
The median salary in Blacksburg, VA is $63,340 per year, or $30 per hour. The average salary is $70,941. This is $3,956 above the national median of $59,384.
What is the cost of living in Blacksburg, VA?
Blacksburg's cost of living index is 103.6 (national average = 100), meaning it is 3.5999999999999943% more expensive compared to the national average. The median home price is $338,000 and the median monthly rent is $1,374.
What are the best industries in Blacksburg?
The top industries in Blacksburg, VA include Military, Technology, Government. The city has a job growth rate of 0.6% and an unemployment rate of 3.2%. Workers in these industries often earn above the city's median salary of $63,340.
How does Blacksburg's salary compare to other cities?
Blacksburg's median salary of $63,340 is 6.7% above the national median of $59,384. However, when adjusted for cost of living (index: 103.6), the real purchasing power is approximately $61,139.
What is the minimum wage in Blacksburg, VA?
The minimum wage in Blacksburg, VA is $12.00 per hour. This equals approximately $24,960 per year for a full-time worker (40 hours/week). This is $4.75 above the federal minimum wage of $7.25/hour.